Nanometrics CFO to Resign for New Job Opportunity

August 07, 2014 20:00 ET | Source:Nanometrics Incorporated

MILPITAS, Calif., Aug. 7, 2014 (GLOBE NEWSWIRE) -- Nanometrics Incorporated (Nasdaq:NANO), a leading provider of advanced process control metrology and inspection systems, announced today that Ronald W. Kisling, chief financial officer, has advised the company of his resignation, effective August 29, 2014, in order to pursue a new job opportunity.

Upon Mr. Kisling's departure, Dr. Timothy J. Stultz, president and chief executive officer, will assume the role of principal financial and accounting officer until a new chief financial officer is appointed. Mr. Kisling will continue to direct the company's finance organization and assist in transition until his departure date.

"We wish to thank Ron for his many contributions to the company over the last few years, leading and building a very strong team and leaving Nanometrics with a top-notch finance organization to support our company's business objectives," commented Timothy J. Stultz, president and chief executive officer. "We wish Ron the very best of success in his exciting new career opportunity."

About Nanometrics

Nanometrics is a leading provider of advanced, high-performance process control metrology and inspection systems used primarily in the fabrication of semiconductors and other solid-state devices, such as data storage components and discretes including high-brightness LEDs and power management components. Nanometrics' automated and integrated metrology systems measure critical dimensions, device structures, overlay registration, topography and various thin film properties, including film thickness as well as optical, electrical and material properties. The company's process control solutions are deployed throughout the fabrication process, from front-end-of-line substrate manufacturing, to high-volume production of semiconductors and other devices, to advanced wafer-scale packaging applications. Nanometrics' systems enable advanced process control for device manufacturers, providing improved device yield at reduced manufacturing cycle time, supporting the accelerated product life cycles in the semiconductor market. The company maintains its headquarters in Milpitas, California, with sales and service offices worldwide. Nanometrics is traded on NASDAQ Global Select Market under the symbol NANO. Nanometrics' website is http://www.nanometrics.com.

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